Osi Systems Stock Market Value
| OSIS Stock | USD 139.71 0.24 0.17% |
| Symbol | OSI |
OSI Systems Price To Book Ratio
Is OSI Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OSI Systems. If investors know OSI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OSI Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.535 | Earnings Share 7.28 | Revenue Per Share 86.966 | Quarterly Revenue Growth 0.338 | Return On Assets 0.0681 |
The market value of OSI Systems is measured differently than its book value, which is the value of OSI that is recorded on the company's balance sheet. Investors also form their own opinion of OSI Systems' value that differs from its market value or its book value, called intrinsic value, which is OSI Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OSI Systems' market value can be influenced by many factors that don't directly affect OSI Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OSI Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if OSI Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OSI Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
OSI Systems 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to OSI Systems' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of OSI Systems.
| 04/16/2024 |
| 05/16/2024 |
If you would invest 0.00 in OSI Systems on April 16, 2024 and sell it all today you would earn a total of 0.00 from holding OSI Systems or generate 0.0% return on investment in OSI Systems over 30 days. OSI Systems is related to or competes with Vicor, and TE Connectivity. OSI Systems, Inc. designs and manufactures electronic systems and components worldwide More
OSI Systems Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure OSI Systems' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess OSI Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.86 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.22 |
OSI Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OSI Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSI Systems' standard deviation. In reality, there are many statistical measures that can use OSI Systems historical prices to predict the future OSI Systems' volatility.| Risk Adjusted Performance | 0.0167 | |||
| Jensen Alpha | 0.0146 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.4529 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OSI Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
OSI Systems Backtested Returns
We consider OSI Systems very steady. OSI Systems maintains Sharpe Ratio (i.e., Efficiency) of 0.0481, which implies the firm had a 0.0481% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for OSI Systems, which you can use to evaluate the volatility of the company. Please check OSI Systems' semi deviation of 1.95, and Risk Adjusted Performance of 0.0167 to confirm if the risk estimate we provide is consistent with the expected return of 0.0744%. OSI Systems has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.0393, which implies not very significant fluctuations relative to the market. As returns on the market increase, OSI Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding OSI Systems is expected to be smaller as well. OSI Systems currently holds a risk of 1.55%. Please check OSI Systems treynor ratio, as well as the relationship between the expected short fall and day typical price , to decide if OSI Systems will be following its historical price patterns.
Auto-correlation | -0.6 |
Good reverse predictability
OSI Systems has good reverse predictability. Overlapping area represents the amount of predictability between OSI Systems time series from 16th of April 2024 to 1st of May 2024 and 1st of May 2024 to 16th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OSI Systems price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current OSI Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 6.42 |
OSI Systems lagged returns against current returns
Autocorrelation, which is OSI Systems stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting OSI Systems' stock expected returns. We can calculate the autocorrelation of OSI Systems returns to help us make a trade decision. For example, suppose you find that OSI Systems has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
OSI Systems regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If OSI Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSI Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSI Systems stock over time.
Current vs Lagged Prices |
| Timeline |
OSI Systems Lagged Returns
When evaluating OSI Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSI Systems stock have on its future price. OSI Systems autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, OSI Systems autocorrelation shows the relationship between OSI Systems stock current value and its past values and can show if there is a momentum factor associated with investing in OSI Systems.
Regressed Prices |
| Timeline |
OSI Systems Investors Sentiment
The influence of OSI Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in OSI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to OSI Systems' public news can be used to forecast risks associated with an investment in OSI. The trend in average sentiment can be used to explain how an investor holding OSI can time the market purely based on public headlines and social activities around OSI Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
OSI Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for OSI Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average OSI Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on OSI Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OSI Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OSI Systems' short interest history, or implied volatility extrapolated from OSI Systems options trading.
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When running OSI Systems' price analysis, check to measure OSI Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.
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OSI Systems technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.